Looking for CPA who can help a foreign investor file US taxes

Buying & Selling Real Estate
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Looking for CPA who can help a foreign investor file US taxes

Aaron Bashore
Member since 2019 · 10 posts · 6 votes

Hello Everyone! I have a friend in Germany who wants to buy a rental property in Memphis, TN. He doesn't know how to go about filing for an ITIN or creating an LLC. Does anyone know a good CPA who could offer him these services?

Thank you!

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  • Dean HarrisBusiness Member
    Real Estate Agent · Memphis, TN · Member since 2015 · 1k+ posts · 1k+ votes
    5y

    I personally use Jimmy Luke with Titan CPA

    CrestCore Realty4.713 Reviews
    View Page
    0Reply
  • Charles Carillo
    Rental Property Investor · North Palm Beach, FL · Member since 2018 · 2k+ posts · 1k+ votes
    5y

    @Aaron Bashore

    It is really important to work with professionals that have worked with foreign investors before. A couple of my partners are foreign investors. DM me and I can send you over the tax professionals and attorneys they use in the USA.

    0Reply
  • Theresa HarrisPro Member
    Member since 2019 · 15k+ posts · 11k+ votes
    5y

    If it is a quick question, there is someone on BP who has a thread where you can post questions.  do a search for something like ask me 

    0Reply
  • Basit SiddiqiBusiness Member
    Accountant · New York, NY · Member since 2015 · 8k+ posts · 3k+ votes
    5y

    @Aaron Bashore

    There are a lot of tax considerations when foreigners look to invest in the USA.

    Do they need to apply for an ITIN?
    Do they need to file a US & State tax return every year?
    Do they need to look into the US-Germany Tax Treaty?
    Do they need to worry about FIRPTA upon sale of US Real Estate?
    Do they need to worry about Estate taxation if they pass away while owning real estate in the US?

    [email protected]917-280-8544
    Basit Siddiqi CPA4.979 Reviews
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    0Reply
  • Sean Tagge
    Investor · Lehi, UT · Member since 2015 · 435 posts · 300 votes
    5y

    For creating an LLC you can use the attorney Douglas R. Beaty of Delta Title Services he is awesome.

    0Reply
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